Obesity remains a serious health problem and it is no secret that many people want to lose weight. Behavioral economists typically argue that “nudges” help individuals with various decisionmaking flaws to live longer, healthier, and better lives. In an article in the new issue of Regulation, Michael L. Marlow discusses how nudging by government differs from nudging by markets, and explains why market nudging is the more promising avenue for helping citizens to lose weight.

Two long wars, chronic deficits, the financial crisis, the costly drug war, the growth of executive power under Presidents Bush and Obama, and the revelations about NSA abuses, have given rise to a growing libertarian movement in our country – with a greater focus on individual liberty and less government power. David Boaz’s newly released The Libertarian Mind is a comprehensive guide to the history, philosophy, and growth of the libertarian movement, with incisive analyses of today’s most pressing issues and policies.

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Obama Touts Failed Federal Program

Senator Obama launched a major education counter-offensive today, in a speech laying out his vision for the future of American schooling. Calling for a renewal of the public school system to “meet the challenges of a new time,” Obama held up the National Defense Education Act of 1958 as a model for what he has in mind. He told the Dayton, Ohio crowd that “Eisenhower doubled federal investment in education after the Soviets beat us to space. That’s the kind of leadership we must show today.”

The trouble is, the NDEA was an expensive failure. Congress’ goal was to improve achievement in math and science following the Soviet Union’s launch of the Satellite Sputnik. There are no nationally representative science results from the time, but high school mathematics performance actually fell in the eight years following passage of the law, according to national norm studies conducted by the College Board, which administers the SAT and PSAT (see figure below). By 1983, math scores had still not returned to the level they had been at before the NDEA was passed.

Either the Senator’s advisors were unaware of the NDEA’s disappointing results, or they offered it as a model despite them. Neither scenario inspires confidence in the future of federal education policy under an Obama presidency.

More on the results of federal education interventions like NDEA below the fold….

Could the decline be the result of more kids taking the test? No. Each time the test was administered by the College Board, it was to a random, nationally representative sample of all 11th graders.

Could the NDEA and subsequent federal programs have just taken a long time to work, ultimately resulting in a sustained improvement in performance in math and science? No. The Long Term Trend tests of the National Assessment of Educational Progress become available around 1970. Here’s what they show:

Could the problem be that federal, state, and local governments have not spent enough on programs like NDEA and its successors? No. Here’s the inflation adjusted history of public school revenues, in 2008 dollars: